Gondesan Great Merciful Water USA Association Ltd

Analysis

Gondesan Great Merciful Water USA Association Ltd is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gondesan Great Merciful Water USA Association Ltd reported income of $1.1m and spending of $285k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $1.1m (+404%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 1102%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gondesan Great Merciful Water USA Association Ltd sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Mount Carmel Ministries ($1.1m), By the Spirit Ministries ($1.1m) and Treasures of the Church Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $73k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 2 employees.